Related Commentary  Related HMRC Manuals

193(1)  In this section “the loan provision” means the actual provision made or imposed between–

(a)the issuing company, and

(b)another company (“the lending company”),

which is provision in relation to the security.

193(2)  Subsections (3) and (4) apply if–

(a)the guarantor company makes a claim under section 192(1), and

(b)the lending company makes a claim under section 174 in relation to the loan provision.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.